SIZES UP GREAT BRITAIN

Poverty Bay Herald, Volume LV, Issue 17609, 27 October 1931, Page 12

SIZES UP GREAT BRITAIN

WALL STREET BANKER LONDON, Sept. 10. Air. Otto Kalift is the head of Kuhn, Loeb and Co., the second largest bankers in the world. His business in life is to invest money where it is safe and profitable and not to invest it where it is unsafe or ur>- ’. profitable. ; j Here is* his opinion of Great Britain's ' j future, as cabled last night from New Vork : ' | “The wavs of England are peculiarly | tier own. They are apt to he anomalous ‘' and hence to be misunderstood by outside observers. She has an inveterate ' and historic habit in great enterprises 1 or emergencies to handicap Herself by a ■ had or unduly slow start, and an equally inveterate and historic habit to end s well. ■ | “She finds herself confronted with [ grave problems, and she has now mohil- ■ ised her racial genius and her proverbial ■ i capacity to-fight best when her back is I against the wall in order to meet and ! overcome lb ton. I. fool wholly assured t j that she will do so successfully. ( ! 1 “Annraisimr British character and , the fried and tested national dualities ( as I do, and sneaking lint merely as a I friend and wellwisher, but eohl-hlonded-!iv as a business man. I have abiding | and unshakable faith in England from the financial point of view and in every other respect.”